Tuesday, August 30, 2011

Kodak Says Many Buyers Evaluating its Patents - Bloomberg:
“At the moment we announced that, the phone started to ring,” Perez, 65, said yesterday in a telephone interview. Lazard LLC, Kodak’s adviser, has “contacted a large number of people. There are a number of people who signed their NDAs,” he said, referring to non-disclosure agreements protecting details about inventions covered by the patents.
Kodak, headed for its sixth annual loss in the past seven years, is trying to generate cash for its inkjet printers and other digital businesses Perez is counting on to turn the company around. The U.S. International Trade Commission has delayed a ruling on Kodak’s attempts to win $1 billion in licensing fees from Apple Inc. (AAPL) and Research in Motion Ltd. (RIM) for image-preview technology used in cameras."

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